The co-founders of Glassnode, a blockchain analytics platform, have expressed optimism about Bitcoin. The gold-to-Bitcoin ratio has risen and is currently on an upward trend, according to Jan Happel and Yann Allemann. The Glassnode co-founders predict that the gold-BTC ratio could rise to over 100, meaning that one BTC would be worth 100 times more than one ounce of gold. They also suggest that the Bitcoin-altcoin cycle indicator indicates that an altcoin season is on the horizon.
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